Gold-Silver Prices Today: Gold and silver prices were registering a slight increase on average in the last few sessions, while on Tuesday both were Fall in metals she came. But after the support of the global market on Wednesday, there was a huge jump in both the metals. Gold has recovered in recent times due to increase in coronavirus cases and has reached above 48,000, but gold is still at the record high – Below 52,200. Corona cases are decreasing and there are signs of improvement in the economy in the world, in which case the fall in the prices of gold can also be recorded.
If you look at the previous trade, on Wednesday, gold prices rose by Rs 527 to Rs 48,589 per ten grams in Delhi bullion market amid an increase in precious metals globally. In the previous session, its closing price was Rs 48,062 per ten grams. Silver also rose by Rs 1,043 to Rs 71,775 per kg during the same period, having closed at Rs 70,732 per kg in the previous trading session.
Today, if you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then the price of gold is something like this (These prices are stated per gram without GST charge).
999 (Purity) – 49,195
Silver 999- 71,866
Futures prices rise
Due to strong spot demand, speculators bought fresh deals, due to which the price of gold rose by Rs 229 to Rs 49,096 per 10 grams in the local futures market on Wednesday. At the Multi Commodity Exchange, gold for delivery in the month of June rose by Rs 229, or 0.47 per cent, to Rs 49,096 per 10 grams. It traded for 5,531 lots.
(With language input)